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Finance Contracts to Cash Summer Intern

Learn more about Raytheon
Raytheon

Raytheon

Finance Contracts to Cash Summer Intern

Billerica, MA
Internship
Paid
  • Responsibilities

    Raytheon Global Business Services Contracts to Cash department is seeking a Finance Summer Intern. The Cash management department is very crucial in cycle of generating, collecting and application of cash for Raytheon Company.

    Responsibilities:

    • Customer contract terms and how they impact Invoicing/collections
    • Understanding invoicing of various types of government, commercial, and foreign contracts
    • Analysis of Invoicing/cash received in SAP and reconciliation of any variance with customer system (MOCAS)
    • Communicate with other CTC functions and Program Office to resolve variance issues of unpaid items, cash on account and short pays
    • Understand application of cash and effect on reporting within SAP, BW, and other available reporting functions
    • Learn FAR regulations and apply to Government Financing
    • Assist with audit support, Internal Controls execution related to Journal Entries/Reconciliation
    • Perform account reconciliations and process correcting entries
  • Related Article
  • Qualifications

    REQUIRED SKILLS AND EDUCATION:

    • Candidate must be currently enrolled in Bachelor’s degree program(30+ credit hours) with an emphasis in finance, accounting or business related field. Please upload a copy of your most recent transcript.
    • Experience in MS Excel, PowerPoint and Word
    • Strong communication skills

    DESIRED SKILLS:

    • 3.2 Cumulative GPA
    • Previous internship or co-op experience in a related field
    • Experience with current financial software tools and understanding of related applications.
    • Experience with pivot tables, formulas and macro’s

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    Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

  • Industry
    Defense and Space
  • About Us

    Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. Founded in 1922, Raytheon provides state-of-the-art electronics, mission systems integration, capabilities in C5I (command, control, communications, computing, cyber and intelligence), sensing, effects and mission support services.